Law No. 15/2011 establishing the guidelines for the contracting, implementing and monitoring process of public-private partnerships, large-scale projects and business concessions.

This Law, consisting of 42 articles divided into six Chapters, establishes the guidelines for the contracting, implementing and monitoring process of public-private partnerships (PPP), large-scale projects (PGD) and business concessions (CE) carried out in the country, under the initiative, decision and control of governmental entities at the central, provincial and local levels. The following are excluded from the scope of this Law: a) the contracting of simple supply of goods and services to State institutions, including contracting public works and consulting services; b) public-private partnerships of social, humanitarian, cultural, sporting or similar non-profit nature. The PPP, PGD and CE contracts are subject to compliance with the following guiding principles namely: a) its framework in the policy, strategy and development plans of the respective economic or social sector; b) its contribution to the development of the effective and efficient exploitation capacity and economic valuation of national assets and resources; c) fairness in sharing the benefits accruing from each activity, between the contracting parties and stakeholders; d) commitment in the prevention and mitigation of risks inherent in each specific undertaking; etc.